Enbridge Inc. has announced the completion of the previously announced stock-for-stock merger transaction to acquire all of the outstanding common stock of Spectra Energy Corp.
In connection with the completion of the merger, the shares of common stock of Spectra Energy will be delisted from the NYSE and will be de-registered under the US Securities Exchange Act of 1934. Common shares of Enbridge will continue to trade on both the NYSE and the Toronto Stock Exchange under the symbol ‘ENB’.
Shares of Spectra Energy common stock represented in book-entry, non-certificated form will be automatically exchanged for common shares of Enbridge without any further action on the part of such Spectra Energy shareholders.
Read the article online at: https://www.hydrocarbonengineering.com/refining/01032017/enbridge-and-spectra-energy-merger-completed/